Focus Features will distribute Stateside, while Universal will handle international distribution. Working Title’s Eric Fellner and Tim Bevan are producing with Nira Park of Big Talk Pictures. Wright will direct from a script he co-wrote with Pegg.

Story follows five childhood friends who reunite for a drinking marathon that culminates in the fabled pub of the title. As they attempt to reconcile past and present, they realize the real struggle is for the future of all humankind.

Considine will play a former ladies man and musician who has grown up to be a divorced architect.

Rosamund Pike co-stars as the pic’s female lead, who shares a romantic past with Pegg’s character.

Universal’s Erik Baiers will oversee the production for the studio, and shooting is skedded to start in October in the U.K.

Considine, who made his feature directorial debut last year with “Tyrannosaur,” recently appeared in Richard Ayoade’s “Submarine” and Ol Parker’s “Now Is Good.” His previous bigscreen credits include “In America,” “Dead Man’s Shoes” and “The Bourne Ultimatum.” He’s also attached to star in Henry Hobson’s zombie pic “Maggie.”